{"id":51377,"date":"2024-10-06T19:12:04","date_gmt":"2024-10-06T14:12:04","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=51377"},"modified":"2024-10-06T19:12:04","modified_gmt":"2024-10-06T14:12:04","slug":"pakistani-bonds-surge-as-yields-down-to-1000-basis-points","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/pakistani-bonds-surge-as-yields-down-to-1000-basis-points\/","title":{"rendered":"Pakistani bonds surge as yields down to 1,000 basis points"},"content":{"rendered":"<p>KARACHI: Following the <a href=\"https:\/\/dailyausaf.com\/en\/business\/shares-at-psx-drops-over-600-points-as-uncertainty-in-power-sector-prevails\/\">increasing trend<\/a> in the Pakistan Stock Exchange <a href=\"https:\/\/dailyausaf.com\/en\/business\/psx-shares-hit-all-time-high-following-imf-bailout-approval\/\">(PSX),<\/a> Pakistan\u2019s bond market has also surged with annual gains of up to 40%.<\/p>\n<p>In a statement, CEO Topline Securities Mohammed Sohail said, \u201cPakistan Investment Bonds (PIBs) have delivered annual gains of up to 40%, driven by the faster-than-expected decline in inflation and signs of economic stability. Yields are down 400 to 1000 basis points in one year.\u201d<\/p>\n<div class=\"p-alsoread\"><\/div>\n<p>In October 2023, the yield on the 1-year bond was 23 percent, while the 3-year, 5-year, and 10-year bonds offered 19 percent, 17 percent, and 16 percent, respectively.<\/p>\n<p>The yields, however,\u00a0sharply declined to 13 percent for the 1-year bond, and 12 percent for the 3-year, 5-year, and 10-year bonds, each.<\/p>\n<div class=\"code-block code-block-5\">\n<div id=\"div-ub-propakistani.pk_1705660890208\">Apart from that, Pakistan\u2019s dollar-denominated Eurobonds have also shown an improvement with yields dropping from 20-40 percent last year to around 9-11 percent today.<\/div>\n<\/div>\n<p>This sharp decline in yields could open the door for the government to tap into commercial borrowing from international markets under more favorable terms, Sohail added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: Following the increasing trend in the Pakistan Stock Exchange (PSX), Pakistan\u2019s bond market has also surged with annual gains of up to 40%. In a statement, CEO Topline Securities Mohammed Sohail said, \u201cPakistan Investment Bonds (PIBs) have delivered annual gains of up to 40%, driven by the faster-than-expected decline in inflation and signs of [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":51385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3460,22722],"class_list":["post-51377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-pakistan-stock-exchange","tag-pakistani-bonds"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=51377"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51377\/revisions"}],"predecessor-version":[{"id":51386,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51377\/revisions\/51386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/51385"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=51377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=51377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=51377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}